New-York tribune., 1887-11-22
NO SYMPATHY FOR THE CORPORATION

lion had their way, that would be the result
NO SYMPATHY FOR THE CORPORATION.
JERSEY CIrY's MAYOR THINKS THE RAILWAY COM
P,NY SHOULD PAY ALL DAMAGES.
Mayor Cleveand's veto of the resolutions passed
by the Jersey City Board of IhJc works permitting
the elevation of the Pennsylvania Railroad tracks
through the city, received by tho Board yes
tcrday evening and read. The Mayor, after declaring
thai In favor of elevatng the tracks and that they
ought to have been elevated twenty wears ago, brands
the proposed plan gigantic swinde on the part OF
the railroad company. In 1874, Colonel Thomas A
Scott, then president of tho company, made p'"'po-
ston that tho city should pay One-half tho expense
The proposition ;ecicd The proposition Is
now renewed in different form. The company Is
willing to pay all the expense Of tho elevation, but
wants take the right of abutng owners on Railroad
ave. without compensation, and have Greene-st. va
cated without being willing 10 pay any damages.
Tho Mayor holds that neither the railroad company,
the city, the State can tske away the property
rights OF private owners without just compensation
Ho believes there is question but that property
In Railroad ave. will be damaged by the running of
trains within few feet of the second third story
windows OF The houses. Damage will also be caused
by tho lowering of the grade at street Crossings An
other objection which the Mayor dwel,s with par
ticu.ar emphasis is, that according TO the proposed
plan which was prepaedby the counsel OF the railroad
defendant against any for damages that may be
instituted. Tho resolutions adopted by the Board OF
WORKS arc virtually contract WIN fdlfOdu coU
pany, by which tho city covenants to permit the eic
vaon of the tracks, The lowering Of the q AIDES OF
,O to maintain the COMPANY In the u privileges thus
granted The Mayor suggests 'nat the resolutions
Should be drawn to lot tho responsibility of de-
Tending suits iYr damages rest upon the company and
not upon the city. He also objects to proviso which
permits tho company's chief engineer and the chicf
engineer Of the city to change the pans at their
pleasure.
TO BUILD DEPOT AT HARsIMUs COVE
PHILADELPHIA Nov 21.-Oficals OF the Pennsylvania
q MT wi ref q the Mayor OF
jersey City vetong the ordinance giving that company
the right to elevate its tracks through jersey City, that
build depot at Harsimus Cove
WAGNER PEOPLE WILL DEFEND THEIR RIGHTS
1t has been rumored that tho Pullman Palace Car
Company would take legal action to prevent the Wagner
Palace Car Company from putting Its new vestbnled
train into service upon the New York Central Railroad
system. No legal notice Of any sort, however, has
been served upon the Wagner officers and The train Will
begin running next month. Counsel Of the wagner
Company have advised the officers that there is 20
ground Of complaint of Infringement Of patent the
part of the Pullman Company and the agner people
II was stated in tn the behalf that the
vestIbued train would assuredly be rum as the com
pfg cf injunction @ paper to supply the Indemnity bonds
that ght be needed
READING PEOPLE NOT BLOOMING" STOCK HERE
Dispatches from Philadelphia, circulated in Wall
Street yesterday, stated that the Philadelphia anu
Reading syndicate had had nothing to DO with the
recent in the price of the stock There was
meeting Of the reorganization trustees IN Philadelphia
in the afternoon but no information about the confer
ence was received in this city. The active buying OF
Reading incomes was reported 70 oe % ror ot odn
account but the names Is OF m so nppGabc baf the allied
Companies of the Reading will be taken out OF re-
ceiyers hands In thirty days The reccyersbip Of tho
Reading will bc discharged at the end OF the year.
REDUCED RATES ON DRESSED BEEF
OF lcn< iuJl
Railway to-day made a reduction OF FIVE cents Oh tho
New-York dressed beef for the benefit or Kansas
City packers The road has also put on spscla tram
for dressed beef packing house products which VIII
ONE for NewYork The sojoct is by reducing tue time
between here and the seaboard 10 put Kansas ty y a
equality az possible WIN S@ A""i' ""' VIII
cago the dressed I've # raiic; -, ood rrrrx |
Railroad mas decided insist Oh making lower rate on
drrssrd meats to NewEnglsnd ssints nan Jus con- M
P.t,oT' Il issued Ia ns% so.tn as and point.
rates OF 52ie dressed hoe and sheep o22 cents
on nsgs X a cars The absys is reduction Of
ce It's from first tariff issued by the hcags ana Grand
Trunk and l2i9 frsm the cid established rates.
slJING THE POUGHKEEPsTE BRIDGE COMPANY.
poueHKEErsIg Nov. 21.-The Eew-York and Masss-
chusetts Railroad Company has brought suit against inc
PouebksepsI, Bridge Compspy asking the court u re-
strain the from building It's road nor
upou the line originally selcctru he piAinn
th.t IN. u,onosed change 10 tltcyai
lure the property Of tbs York ana Massaehu'S'
MISCELLANEOUS RAILWAY ISFELLiuENCrr
The REPRESENTATIVES OF the trsnsesntpestai rafs"'
again failed yesterday - secure snh0ehIy i"l
sentaton TO JUSTIFY the holding OF fornal ihee"n"
Officers of tue Atehsoa, Topeka and Santa Fe ths oHon
Pacific the Southern Paohc. the Texas ana raepc' ""
Denver and Rio Graade and the Choaso bnrnston anu
uibcy Railroads discussed Tho rats stnation
bat IN the absence tho Dasadau Pacinc no aco.
suenpted. ihe conference sd1ournsa sn9ec. 70 s"0
cal OF the chairiUAa.
The gross sarnjaEs Of tho Northern Pacihe ks'roaa
Csmpsny rsport>d from Phiisdephis to Wall slrset
brokerage hopsr. Sovsmber " we're &62Is against
$40 9l4 fer the same day Of 1886, gain sf $i24SA
A dispatch from Boston received In Wall Street yes
crsiay announced President Wade, Of the Mexican
Central Railway, Intended at once to begin the prchm
rsry work required to the listing OF the secf-
ies of the company ON the London Stock Exchange.
rhesa securities sre largely held sbWad: and e u
,oDed that this fact Will favor Mr.. sdc's pvlecI
The earnings of the company ere rapoy Incrc4sihk
ano her fact which tho friends OF tho company thihA
wiz favor Kindly action by tho London boasd.
There have boon rum0rs In tho last few Gays thss
tho next dividend ON DeIaware, Iackswsnna ana "ss-
ern stock woud be instead of 81 por cent, or o.
tho ratio of snstesi OF per- cent . year Omcefs Of
tho COMPANY say that there e nc foundation ns tno
reports, although they admit that tho eapnEs Oh 'ho
company have rsrly, u over, beon exoeeded.
pErRnaRuna- Nnv. a1 LGneefaJL-Tha stockhnldan Of